East China’s Jiangsu province have reached a new level in its comprehensive strength, core competitiveness, and development influence.
In the past ten years, Jiangsu's GDP has jumped from 5.37 trillion yuan in 2012 to 11.64 trillion yuan in 2021, or about 1.8 trillion U.S. dollars, equivalent to South Korea's economic aggregate. Jiangsu's per capita GDP has reached 137,000 yuan, more than 20,000 US dollars, ranking first among all provinces and autonomous regions.
Its real economy accounts for more than 80% of the province's total economic output, the output value of the digital economy reaches more than 5 trillion yuan, and the output value of strategic emerging industries and high-tech industries account for 39.8% and 47.5% of the designated industries, respectively.
The mileage of high-speed rail has increased from 627 kilometers to 2,212 kilometers. The total grain output has stabilized at more than 70 billion catties.
Over the past ten years, Jiangsu has deeply implemented the innovation-driven development strategy, focused on breaking through bottleneck technologies, and accelerated the realization of scientific and technological self-reliance.
The proportion of R&D investment has increased from 2.38% to 2.95%, reaching the middle level of innovative countries and regions.
The number of invention patents owned by 10,000 people increased from 5.7 to 41.2, ranking first in all provinces and autonomous regions in the country
Jiangsu has established a number of major innovation platforms including Suzhou Laboratory, Zijinshan Laboratory, and Taihu Laboratory. Jiangsu also ranks at the forefront of the country in terms of nano, supercomputing, Internet of Things, biomedical industries, and innovation.
Over the past ten years, Jiangsu has accelerated the construction of a manufacturing powerhouse by focusing on building an independent and controllable modern industrial system. The added value of the manufacturing industry has increased from 2.3 trillion yuan to 4.2 trillion yuan, accounting for 13.4% of the national total, about 4% of the global total, and 35.8% of the province's GDP.
Five industries in the province reported an output value of over one trillion yuan, and six advanced manufacturing clusters including new power equipment, construction machinery, the Internet of Things, and nano-new materials were selected into the "national team".
Seven industrial chains including UHV equipment, crystalline silicon photovoltaics, special steel materials, brand clothing, and rail transit equipment have entered the international mid-to-high-end level.
Over the past ten years, Jiangsu has made great efforts to promote the construction of a strong open province, and strive to build Jiangsu into a two-way opening hub with world cohesion.
The province reported a total import and export growth increase from 3.5 trillion yuan to 5.2 trillion yuan, accounting for 13.3% of the country. In 2021, the actual use of foreign capital will reach 28.85 billion US dollars, ranking first in the country.
Jiangsu-based enterprises have launched 8,490 investment projects in 172 countries and regions. The Sihanoukville Special Zone in Cambodia has become a landmark project of the "Belt and Road" cooperation, and the construction of the China-UAE Capacity Cooperation Demonstration Park has been solidly promoted.
Major open platforms such as Jiangsu Free Trade Zone, Nanjing Jiangbei New Area, and Suzhou Industrial Park have become a powerful driving force for the high-quality development of Jiangsu.
